WASHINGTON – President Barack Obama plans to visit the Tappan Zee Bridge on Wednesday for a speech highlighting the need for congressional action on infrastructure spending, the White House announced Saturday.

Obama will use his visit to the site, where work is underway on pilings for a new bridge, to highlight the urgency of replenishing the Highway Trust Fund. The administration predicts the fund will be insolvent by the end of the summer.

The White House plans several infrastructure-themed events in the coming week, starting with the release of a report Monday to lay out its argument for infrastructure investment and the funding crisis if Congress fails to act.

On Wednesday, Obama will combine his Tappan Zee visit with a stop in Cleveland to look at another regionally significant commuter project — a new transit station.

Construction is in full swing to replace the 58-year-old Tappan Zee, a $3.9 billion project recently approved for a $1.6 billion federal loan. It's the largest loan ever awarded under the Transportation Infrastructure and Innovation Act (TIFIA).

But the administration is warning some projects could be halted, slowed or not undertaken in the coming months.

"We have reports that many states are already rethinking their investment plans due to the uncertainty," U.S. Transportation Secretary Anthony Foxx told a Senate committee last week.

The administration identified the Tappan Zee's replacement in 2011 as one of the nation's top infrastructure priorities. The project also became a key goal for Gov. Andrew Cuomo, who has been lauded for reviving the decade-old plan to build a new three-mile crossing. Major construction on the twin span began in October when crews started to install some 1,000 steel pipe pilings for the bridge's foundation.

Foxx told the Senate last week the administration is open to a variety of possibilities for raising new revenue to finance the Highway Trust Fund.

The administration, however, has proposed a one-time infusion of $150 billion into the fund, using revenue generated by corporate tax reform.

The administration's proposal, called the GROW AMERICA Act,c would provide $302 billion over four years for highways, bridges, transit, and rail systems.

Foxx testified that 65 percent of the nation's roads are not in good condition and one in four bridges either needs significant repair or cannot handle current traffic.

The administration estimated the Highway Trust Fund's purchasing power will have dropped by nearly half by 2020 when compared to 1990.